xbrito2027 xbrito2027
  • 26-01-2022
  • Mathematics
contestada

$1,900 at 5.9% for 3 years

Respuesta :

jtm2588
jtm2588 jtm2588
  • 26-01-2022

Answer:

$336.30

Step-by-step explanation:

Use the formula; Interest = Principal(rate)(time)

I = Prt

P: 1900

rate: 5.9% convert to a decimal  5.9/100 = .059

time: 3

I = 1900(0.059)(3)

I = $336.30

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